Binance CEO: Ethereum spot ETF will not have a significant impact in the early stages, but will receive stable capital allocation.

Odaily Planet Daily News Binance CEO Richard Teng stated in a recent interview: "Although we expect these ETFs to receive stable capital allocation, they will not have a significant impact in the initial stage and will fluctuate based on various macroeconomic factors." MV Global partner Tom Dunleavy stated that Ethereum spot ETF may attract 5 to 10 billion US dollars in capital inflow in the first few months after its launch. (Cointelegraph)